AZLE, Texas--(BUSINESS WIRE)--With the nation’s opioid epidemic as a backdrop, a substance abuse
recovery center in the Fort Worth, Texas, area will expand its facility
and programming.

Adult & Teen Challenge of Texas will expand its Azle, Texas, campus with
the help of a $500,000 Affordable Housing Program (AHP) grant provided
by Frost Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas).

The expansion involves the demolition of a steel building and the
construction of a new housing complex. The building will provide four
resident sleeping rooms with bunks, shared bathroom facilities and a
living room. It will expand the number of residents at the Azle campus
from 36 to 48 and allow residents to stay for up to two years, up from
seven months currently. Adult & Teen Challenge of Texas raised private
donations to fund the remaining portion of the $599,333 project.

“Our mission is to help men and women to have an effective and
comprehensive solution to life-controlling problems,” said Sarah
Baughman, director of development for San Antonio-based Adult & Teen
Challenge of Texas, which is celebrating its 50th
anniversary. The organization provides 300 recovery beds and services in
six cities: Azle, Brenham, Magnolia, Pasadena, San Antonio and Bastrop.

Due to space constraints, participants in the Azle program are limited
to a seven-month stay. As a result, they don’t receive employment
re-entry services, Ms. Baughman said.

“Now they will be able to implement that part of the program while also
expanding our beds. With the opioid epidemic declared a national health
emergency, the need is great. We couldn’t have done it without the
Federal Home Loan Bank of Dallas and Frost Bank. We are one of the
largest providers of recovery services in the state, and grants from
FHLB Dallas and their member institutions have enabled us to increase
our impact,” Ms. Baughman said.

Construction began in March and will take about six months.

The program is life-changing, albeit challenging, says an Adult & Teen
Challenge resident.

“I was on the wrong path for my life and I wanted to change from the
inside out, especially for my son,” said Caleb M., who is undergoing
treatment at the Azle facility. Only his last initial is being used for
privacy reasons. “Now that I am at Adult & Teen Challenge, I am learning
a lot in class about how to be a better person. In my free time, I enjoy
working out, reading, playing piano and playing chess. At times, it is
difficult living in a community, but there is a lot of love here.”

Senior Vice President and CRA Officer Donna Normandin of Frost Bank,
said the bank’s FHLB Dallas membership contributes to its mission of
supporting organizations that are having a positive impact on Texas
communities.

“Adult & Teen Challenge of Texas has a long history of helping men,
women and teens recover from the ravages of substance abuse,” Ms.
Normandin said. “We are pleased to be able to support their Azle
expansion that will make their services available to more people who
need hope, empowerment and a path to recovery.”

Greg Hettrick, first vice president and director of Community Investment
at FHLB Dallas, said Frost Bank has long been dedicated to building
relationships in the communities it serves.

“We commend Frost Bank for their support of housing for people working
to break the cycle of addiction through the AHP,” said Mr. Hettrick.

FHLB Dallas annually returns 10 percent of its profits in the form of
AHP grants to the communities served by its member institutions such as
Frost Bank. AHP grants fund a variety of projects, including home
rehabilitation and modifications for low-income, elderly and
special-needs residents; down payment and closing cost assistance for
qualified first-time homebuyers; and the construction of low-income,
multifamily rental communities and single-family homes.

This is one of 19 affordable housing projects to receive $7 million in
grants from FHLB Dallas in 2017. The grants will help create 1,108 new
or rehabilitated housing units. Since the inception of the AHP in 1990,
FHLB Dallas has awarded more than $261 million in AHP and AHP-funded
grants to assist more than 48,500 families. FHLB Dallas is making $14.4
million available through our member institutions in support of
affordable housing. AHP funds recipients for 2018 will be announced in
October.

About Frost Bank

Frost is the banking, investments and insurance subsidiary of
Cullen/Frost Bankers, Inc. (NYSE: CFR), a financial holding company with
$31.7 billion in assets at Dec. 30, 2017. One of the 50 largest U.S.
banks by asset size, Frost provides a full range of banking, investments
and insurance services to businesses and individuals in the Austin,
Corpus Christi, Dallas, Fort Worth, Houston, Permian Basin, Rio Grande
Valley and San Antonio regions. Founded in 1868, Frost has helped Texans
with their financial needs during three centuries. For more information,
visit www.frostbank.com.

About the Federal Home Loan Bank of Dallas

The Federal Home Loan Bank of Dallas is one of 11 district banks in the
FHLBank System created by Congress in 1932. FHLB Dallas, with total
assets of $65.1 billion as of March 31, 2018, is a member-owned
cooperative that supports housing and community investment by providing
competitively priced loans and other credit products to approximately
825 members and associated institutions in Arkansas, Louisiana,
Mississippi, New Mexico and Texas. For more information, visit fhlb.com.